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climate change a priority in his second term and why it may end up costing you big. and phil mickelson, pro golfer, says that high taxes may drive him out of california. we've got discussisuggestions w should consider if he moves. and hillary clinton, her legacy as she prepares to leave washington at least for now. now. >> we will respond to the threat of climate change, knowing the failure to do so would betray our children and future generations. >> paul: welcome to the journal editorial report, i'm paul gigot. that was president obama in his inaugural address monday, promising to make global warming a top priority in a second term, it's an issue that is sure to bring some fierce policy showdowns, the first of which may come under the keystone xl pipeline since 2008. and a revised route through nebraska this week, the final hurdle to the project at the state level and 53 senators, including 9 democrats sent a letter to the white house on wednesday urging president obama to expedite its approval. and joining the panel this week, wall street journal assistant page editor, james freema
in his second term. why that may end up costing you big. plus, pro-golfer phil mickelson says high taxes may drive him out of california. we've got some suggestions on what states he should consider if he moves. and hillary clinton's swan song. look at her performance this week on capitol hill and her legacy as she prepares to leave washington, at least for now. >> we will respond to the threat of climate change. knowing that the failure to do would betray our children and future generations. [cheers and applause] >> welcome to the journal. editorial report. i'm paul gigo. that was president obamahi prom messing promising to make global warming. first may come over the keystone excel oil pipeline which has been under review since 2008. governor proposed a revised route for the pipeline through nebraska this week. the final hurdle to the project at the state level. and 53 senators, including nine democrats sent a letter to the white house on wednesday s urging president obama to expedite its approval. joining the panel this week "wall street journal" assistantan editorial page editor jam
, drastic changes in his life because of new tax laws. there is no question that phil mickelson's taxes are going up. he is one of the highest earners in professional golf. only tiger woods made more in 2012, according to "golf digest." phil mickelson's numbers, $5.3 million on the course which is really just chump change for this guy because he made $40 million in endorsements. now, the 42-year-old golf champion told the "new york times," i'm quoting, if you add up all the federal and you look at the disability and unemployment and social security and state, my tax rate is 62% to 63%. roland martin is a cnn contributor and so is reihan salam. who also writes for "the national review." all right, i love this story, because this hits on so many things. reihan, let me start with you. a lot of americans are going to have a lot of trouble saying phil mickelson earning $45 million, i really, i do not feel sorry for you. but this isn't really just about the super-rich who are going to pay about two-thirds of their income in taxes, is it? >> yeah. it's also true when you look at california, th
that will lead to the extinction of all life on earth? more tonight at 11:00. and tbofler phil mickelson races some eyebrows about his promise on taxes. why lefty sounds like a righty. and finally are teens who listen to heavy metal music more likely to be law lung went? delinquent? some say yes and others say no. >> thank you, andy. >> you disgust me as always. >> nothing new. go away. >> let's welcome our guest. she is so hot you can fry an egg on her face. it is patti ann browne. and he is so funny he sneezes confetti. it is the creator director of thing x.com. and in france he is considered a cheese plate. it is my sidekick, bill schulz. and if hilarity was a bowling ball i would finger him every friday night. you can see him at the american comedy company this san diego, california this friday and saturday. his latest comedy cd is called "no baby for you." and you can't believe a word published by this turd. good to see you, pinch. >>- q. they asked the question, besides torture, what else did "zero dark 30" get wrong? [inaudible] is not a town. and osama bin laden's middle name is not de
? some advice on how to do it the right way coming up. >>> and phil mickelson now says he should have kept his comments about his 60% tax rate to himself. one reason why? maybe his math doesn't add up. we'll question, drive home that question. ♪ you know my heart burns for you... ♪ i'm up next, but now i'm singing the heartburn blues. hold on, prilosec isn't for fast relief. cue up alka-seltzer. it stops heartburn fast. ♪ oh what a relief it is! ♪ [ male announcer ] some day, your life will flash before your eyes. make it worth watching. introducing the 2013 lexus ls. an entirely new pursuit. >>> let's check in on the gold market. sharon is there tracking the action for us. hi. >> the gold close has prices above 1690 an ounce, which is a key technical level. there's a lot of resistance at that level and the psychological level of 1700 as well. we are looking at gold prices confronted by a sentiment shift a bit in the marketplace with investment firms cutting back on price forecasts for 2013. the latest, citi did so yesterday. they are saying they see gold prices, forecasting 1
moments. >> also, big time golfers phil mickelson, tiger woods, lebron james and derek jeter are all supply siders. we'll explain that later this hour. >> i wasn't involved in the talking points process. as i understand it, as i've been told, it was a typical interagency process where staff, including from the state department all participated to try to come up with whatever was going to be made publicly available. >> that of course was secretary of state clinton today on capitol hill saying she had no role in susan rice's false talking points on the benghazi consulate attack. but will we ever find out why ambassador rice denied the terrorist attack and misled the public saying this on "meet the press." >> what happened in benghazi was in fact initially a spontaneous reaction to what had just transpired hours before in cairo. >> and will we ever get a full answer on exactly what happened that night in benghazi. joining me former general wesley clark, and a former presidential candidate, peter brooks, senior secretary of defense. i want to start with my friend peter brooks. i didn't s
the president can't wait to say yes. >>> golf stars unite. tiger woods feels phil mickelson's pain on california's taxes. with taxes spiking the rich are fleeing for the borders. how much can the state take from the wealthy before there is nothing left? today's "money" power panel weighs in. >> didn't think new york apartments could get any smaller? oh how wrong you are. micro apartment are coming to the big apple. could the miniature spaces bring big profits to the developers and will they spread to more cities? one of the architects is here with the details. even when they say it's not, it's always about money. melissa: first let's look at the day's market headlines and today's market moment. the beat goes on for the bulls. strong earnings from the likes of ibm, and google helped give a boost to stocks. the dow and s&p 500 hit fresh five-year highs. the blue-chips rose 66 points. apple earnings are sliding after-hours. the company reported fiscal first-quarter earnings just a short time ago, beat expectations on the bottom line. came in a bit light on revenues. mcdonald's shares climbed. it be
'll tell you how phil mickelson plays into all this. that will be my take. senator dianne feinstein opening up the anti-gun presser with a pro gun control prayer. is that okay with you? is that the right thing to do? we'll talk to the head of the catholic league and a union membership, almost a 100 year low. is that good for working people? good question, we're covering it. plus, a special guest, wait for it. joining me next. sharon osborne, a brit making money in america, how does she feel about foreigners coming over here and criticizing america? i will ask her. we want to hear from you as well, please. varney@foxbusiness.com, that's how you reach us. friday morning, it's time for your seven early movers and they are moving. disappointing results and down beat guidance from the mattress seller, select comfort, they are down five bucks, now that's movement the better than expected forecast from screen maker, and they are, well, right now they're up big, 6 bucks higher. look at that. profit down, but still better than expected at the mattress maker, tempur-pedic, i don't know, can't show yo
talked about it phil mickelson now says about his threat to up and leave the state of california. new words next. using robotics and mobile technology, verizon innovators have made it possible for teachers to teach, and for a kid... nathan. tadpole. ... to feel like a kid again. because the world's biggest challenges deserve even bigger solutions. powerful answers. verizon. get at low clearance prices., even tempur-pedic mattress sets save even more on floor samples, demonstrators, and closeout inventory. the year end clearance sale ends sunday at sleep train. ♪ your ticket to a better night's sleep ♪ >> shepard: a dumb mistake. that from the golf great phil mickelson at a charity event. he says he completely missed the mark when he publicly complained about california's tax on millionaires and threatened to leave the state or retire from golf all together. >> i shouldn't take advantage of the form that i have as a professional golfer to try to ignite change over these issues. i shouldn't have talked about it because i don't have a plan formulated yet on what i'm going to do. >> s
to take drastic action. he says he's had enough. >> legendary golfer phil mickelson is complaining about his new tax rates. we'll tell you why he should stick to golf. >>> and the pbs series "frontline" is out with a new documentary about a lack of accountability on wall street. >> in the due diligence world, fraud was the f word. you can't use that word. >> correspondent martin smith is here tonight with a preview. wouldn't it be cool if we took the already great sentra apart and completely reimagined it you can't use that word. >> correspondent martin smith is here tonight with a preview. " w. you can't use that word. >> correspondent martin smith is here tonight with a preview. and a technology suite with bluetooth, navigation, and other handy stuff? yeah, that would be cool. introducing the all-new nissan sentra. it's our most innovative sentra ever. nissan. innovation that excites. now get a $169 per month lease on a new nissan sentra, plus $500 bonus cash. ♪ every human being is unique. and there is one store that recognizes it. the sleep number store. the only place in the world
rate. >> of all the nerve! >> we'll fact check phil mickelson's ridiculous claim. >> i owe you nothing! >>> and banks got bailed a out and we got sold out. four years after wall street greed brought the country to its knees, why is no one in jail? >> this is a stain on the american justice system. >> the pbs series "frontline" has a new documentary airing tonight. correspondent martin smith joins me for a preview. good to have you with us tonight, folks. thanks for watching. i want to start the program tonight showing you what the hottest thing in politics was 20 years ago today. this is rush limbaugh's first book, the way things ought to be. for more than two decades, this basically has served as a blueprint for conservative thought in this country. here is a sample of a few things that were in the book. what about feeling sorry for those who pay the taxes? those who are people that no one feels sorry for. they are asked to give and give until they have no more to give. and when they say enough, they are called selfish. of course, it's also filled with deliberately offensive material
enough. >> legendary golfer phil mickelson is complaining about his new tax rates. we'll tell you why he should stick to golf. >>> and the pbs series "frontline" is out with a new documentary about a lack of accountability on wall street. >> in the due diligence world, fraud was the "f" word. you can't use that word. >> correspondent martin smith is here tonight with a preview. >>> welcome back to "the ed show." republicans can't win a presidential election with their ideas, so they're just trying to rig the vote instead. republicans in virginia, pennsylvania, and michigan want to change the way they award electoral votes. but they aren't trying to improve the system. they only want to change the electoral process for some people. gop chairman reince priebus said last week i think it's something a lot of states have been consistently blue, that are fully controlled red ought to be looking at. states like north dakota, kansas and idaho don't need to worry about changing their electoral laws. the republicans really want these states. they went for president obama in 2012. but they're contr
out while they still can. >>> plus tiger roars his support for phil mickelson over california taxes. when will the golden state finally run out of rich people to squeeze? we'll take it to today's power panel. more "money" straight ahead. [ rosa ] i'm rosa and i quit smoking with chantix. when the doctor told me that i could smoke for the first week... i'm like...yeah, ok... little did i know that one week later i wasn't smoking. [ male announcer ] along with support, chantix is proven to help people quit smoking. it reduces the urge to smoke. some people had changes in behavior, thinking or mood, hostility, agitation, depressed mood and suicidal thoughts or actions while taking or after stopping chantix. if you notice any of these stop taking chantix and call your doctor right away. tell your doctor about any history of depression or other mental health problems, which could get worse while taking chantix. don't take chantix if you've had a serus allergic or skin reaction to it. if you develop these stop taking chantix and see your doctor right away as some can be life-threatening.
story indicative of all kinds of things in our society. golfer phil mickelson wants a mulligan after his rant on taxes over the weekend. mickelson is walking back comments that he made about his high tax rate and the suggestion that he could, might leave california. mickelson now apologizing for making his personal feelings public. and for anyone he, quote, upset or insulted. then there's this, an opinion piece in forbes by syracuse university professor berman, please stop whining and give thanks for being able to earn a fabulous living playing a game and selling golf clubs. stuart: all right everybody, your thoughts on the mickelson apology. david: all right. although i am embarrassed as a host of a show called forbes on fox about that awful piece. the main thing is look we're turning into a french revolution where we're supposed to be happy that our head wasn't cut off. the bottom line is not whether mickelson was happy or living the good life the bottom line is whether the 60% tax rate hurts the economy. the answer is yes. that's all we should be focusing on. stuart: why are we forcin
golfer, phil mickelson, doing a little bit of backpedaling today saying he regrets the public comments he made on the issue of his taxes in california. mickelson said he may move out when he made the original comments, of the state, because all taxes combined end up to more than 60% tax rate. now he is telling fox news contributor jim gray, quote, finances and taxes are a personal matter and i should not have made a opinions of, on them public. i apologize to those who i have upset or insulted and i assure you i intend not to let it happen again. why would he feel the need to do that? stuart varney, joins me, anchor of "varney & company" on the fox business network. stuart, this is an interesting one. >> it really is. the left beat up on phil mickelson big-time because he complained about all the tax money he has now got to pay. specifically you had, basically the left is saying this. hey, you. you make a lot of money. pay up and shut up. listen to len berman. a professor at syracuse university, writing in "forbes" magazine. he says that mickelson should stop whining and give thanks that
phil mickelson saying he is not ruling out a big move from california. even usa because of those higher taxes. we will be right back. [ wind howls ] [ dog barks ] ♪ ♪ [ male announcer ] something powerful is coming. ♪ see it on february 3rd. ♪ >> 19 minutes past the hour, this is your fox news minute. two commuter trains crashed head-on. austria state railway is blaming human error for not manually activating a signal. usually automatic warning signal was stopped due to snow and ice. the same storm impacting travel all over western europe. heavy snow canceled hundreds of flights from london to paris to frankfurt a severe winter weather is restricting travel for a second week. the nba could be returning to seattle in 2008 the sonics moved and became the oklahoma city thunder. seattle could be california's loss. owners of the sacramento kings could be selling the team for $572 million to a seattle group. the plan to take back the sonics name. they will still need nba approval. those are your headlines on the fox business network, back to crazy. tracy: thank you very much google, a
is too small. >> shepard: phil mickelson the golfer says he wishes he would have kept his mouth shut about tax hike. threatening to leave golf and leave the state is he backtracking. finances and taxes are a personal matter. i apologize to those i have upset or insulted and assure you i intend to not let it happen again. phil mickelson reportedly earned more than $60 million last year. meaning california's new tax hike and new rate would cost him an extra 1.8 million in state taxes alone. trace gallagher is in los angeles. he is doesn't mean he is staying in california, does it? >> no, it doesn't. phil mickelson is a san diego guy born and raised there. his family still lives there he is heavily involved in the community which is why this story is getting so much attention. based on what he made last year, you mentioned what he owes extra next year. his california tax bill will be $8 million and because the new tax is retroactive he owes an additional $2 million. phil says and i'm quoting here, right now i'm like many americans who are trying to understand the new tax laws. like ever
%. we have talked a lot about phil mickelson says he spoke out about the high tax rate he pays in california and now tiger woods backed him. in our next hour, guess how much money in taxes would save from moving from california to florida just before he went pro. we will have your answer for you at the top of the hour. how much did he say? a lot. now watch this. >> the spirit of gun control, will you put it on your security team? >> i will get back to you. stuart: frequent "varney & co." guest confronting mayor bloomberg on gun control. much more to that video and you will have it right before your very eyes when jason joins us at 10:15 this morning. most working women have two jobs when men have only one. talking about work and home. we will get into that after the opening bell for you. plus, we're on "dow watch." good news on housing so watch out for the opening bell. ford, rim, apple, yahoo earning profits or otherwise. back in a moment. [ male announcer ] at his current pace, bob will retire when he's 153, which would be fine if bob were a vampire. but he's not. ♪ he's an
by the numbers. >> he made millions of dollars playing gulf in ameri-- golf in. phil mickelson is thinking of calling another country home. wait until we tell you why. ÷÷ >> first in london passengers are going in and out of heat row a /* heathrow airport after another day of cancellations. this comes after 250 flights were canceled yesterday adding up p00 from yesterday. the government building under attack. look here. >> a series of bombs set off at the headquarters of the kabul police traffic department leading to a gun fight there. 10 people were hurt. the taliban claiming responsibility. >> the president's first term is looked at after being sworn in. >> as the president's first term skoms to an end here are interesting statistic abouts his first year. doun joan increased 58 percent but national debt increased $5.8 trillion. that's the largest under one president. he signed 654 bills into law and gave 852 speeches or comments. 699 of those using a tell prm presidenter. he visited 45 countries seven more than once and managed to squeeze in 113 golf outings and 13 vacations. totalli
ahead advertisers boost spending and that is helping google. >> phil mickelson is talking taxes instead of the fairways and why he's now apologizing for that. >> marine corps taking a different stance hours after saying beyonce lip synced yesterday. >> and new, at 4:30. >> in san ramone, how this piece of equipment is keeping this piece of low tech materials safe for you, and your family. we'll have a live report. >> trook taking a look at traffic here at 4 n:10. it's bumper to bumper, almost a dead stop going left to right. a lot better for folks on the right hand side of the screen heading towards 101 south. stay with us, more >>> marin county is using a new emergency alert system to let people know quickly when there is a dangerous situation, using alerts for any type of emergency that could affect residents, workers or students in marin, requiring people to register online beginning this saturday. the system only alerts people who might be affected by given emergencies. >> we only ed send it out to a specific location. we can see it on the map and different data points. >> volunteer
with mickelson. tiger lives in florida, a no income state. shouldn't phil be allowed to move wherever he wants? that story is next with the judge. >> apple going to release first quarter profits this afternoon, guaranteed, but that's all the good news. some expect it will show the first drop in profits in a decade, and some expect to see the slowest rate of growth in profit since 2009. we have been calling the stock a doorstopper hanging around $500 a share. it's $512 right now up seven bucks. watch out for the earnings. im moved to software and reported record profits. the company brought in $5.6 billion in 13 weeks, and stock of ibm soaring, $11 higher at 207. google made a ton of money from the click of your mouse, a profit of $2.8 billion. advertisers are paying less per click, but overall, ad clicks click, but overall, ad clicks are up, google soaring $41, and ut, the judge is next. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors cho
and for every buck that phil makes 63 cents go to the government. which oddly pays for obama's golf. mickelson apologized to anyone he may have upset or insulted. but who did he upset or insult? it's not like he said hey, i am leaving california because there are too many gay samoans. everyone knows there aren't enough. no, he didn't offend a race, orientation or even a size. no, phil just invented the pre-emptive apology. could there -- >> dana: yep. freddie before there could be outrage, he already folded. that's where we are in this sad, sad world, place where the successful live in fear of offending people who think their success is a sin. like lens burrman, syracuse professor, they have them there, who blogs. referring to his wealth he tells phil do you have idea how lucky you are? professor, do you have luckys? do you have any idea how lucky you are? look at your gigs. where there are no standards, no win-loss columns, no performance review, chance for injury or criticism from the demanding audience. no young bucks pushing you out of the door. no wonder you believe success comes at the c
now said he will not be playing in next week's pebble beach proam. that's disappointing, but phil mickelson should be there. >> any idea why? >> tiger doesn't like those long rounds and sometimes they can take six hours. he's never really been a fan of the tournament, but he'll play there when the u.s. open comes. >> that is exciting. always love to watch tiger. thanks, kim, that does it for eyewitness news at 10:00. the news is always on our website, cbssf.com. see you at 11:00. ,,
that is in keeping with his desire to disempower. lou: thank you. golfer phil mickelson -- mickelson and nicolas sarkozy has a few complaints in common. senator john barrasso with fed benghazi hearings and our democratic consultant tomorrow night. get the link store facebook page. we will be right back. ♪ [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. lou: new records the growing number of states we're going to strict abortion rules. according to the debt marker institute 43 position -- provisions limiting abortion last year the second highest number since 1985 and. new poll from nbc news/"wall street journal" shows for the first time 54 percent of americans say it should be legal in all our most cases. asking if rovers is weighed it should be overturned 70 percent says no. phil mickelson says he may have to move from california because of ta
the world over phil mickelson is simply known as lefty. he have a spoiler alert for you. this is because of his golf swing not his politics. this became clear over the weekend when mickelson sounded off on new tax code. he warned everyone that financial drastic changes were in store for himself and the game of golf, but particularly for himself. in short multimillionaires find themselves in a time of crisis. he did not kill anyone. he is is generally thought of as having a warm and inviting personality. he's a family man and is very popular with golf fans and players alike. the anti-tiger woods if you would, but his is the latest of a string of comments by prominent millionaires and billionaires complaining that u.s. policies have reduced them to stinking rich as opposed to filthy rich. he makes over $40 million a year playing golf. there is a designated place to to whine about it, but it's in the club not here. cenk tell me what you have planned for tonight's show. it will be hard for you top. we have barack obama, bill clinton, nelson mandela coming up after this. who do you have? >> c
be overturned 70 percent says no. phil mickelson says he may have to move from california because of tax increases. he said this call back finances and taxes are a personal matter and i should not have made my opinions on them public. he may be backing off his threat to to move but we're noticing a trend of people who should consider it. nicolas sarkozy is among them who wants to move to london to escape the 75% tax rate. that will teach him to lose an election. he is not commenting but his aides are and deny everything. calls to boycott groupon after they decided to stop all the related promotion even concealed weapon courses and shooting ranges a spokesperson says they are based on feedback but would not elaborate. tamara v. will talk with the texas gunshot who was affected by that decision and leading the effort to boycott groupon. they're not the only site showing hostility to conservatives was not allowing conservative blockers to post content but they did apologize to one group. up next and minister netanyahu wins re-election as soon as states makes its first shipment of fighter je
name. >> greg: thank you. trechtly ahead, phil mickelson apologizes one more time for talking about taxes and says he wants to pay his fair share. how lame is that? what happened to golfers of america. later, good news and bad news for smokers. ♪ ♪ humans. even when we cross our t's and dot our i's, we still run into problems. namely, other humans. which is why at liberty mutual insurance, auto policies come with new car replacement and accident forgiveness if you qualify. see what else comes standard at libertymutual.com. liberty mutual insurance. responsibility. what's your policy? ♪ ♪ >> andrea: all right. earlier this week , progolfer phil mickelson said he thought tax rates were too high, federally and in his home state of california. a day later he apologized and then he apologized one more time yesterday, promising he wants to pay his fair share. >> my apology is for talking about it publicly. i shouldn't take advantage of a forum i have as a professional golfer to try to ignite change. i love this country. it affords me to do what i love. i never had a problem before
the course of his golf career, 16-year career, if he moved to a no income tax state, and phil mickelson, talk about this publicly recently, would save $53 million. do you think you're the canary in the coal mine here that a lot of people will follow you? >> oh, yes. tiger is a resident of florida so tiger's a res demented of jupiter, not far from us. gerri: nice place to live. >> not bad, but, you know, phil mickelson made that point also that he's giving away a large sum of the income by living in california, and if he was to move to florida, he would save quite a lot of money. i think that was probably some of the reasons behind, you know, even some of the sports figures, as you mentioned moving down here. like some of the members of the miami heat. gerri: well, you know, you mentioned taxes. there are other reasons, too. what are the other attractions to living in florida? >> well, outside of taxes, you certainly have a great lifestyle. for those that enjoy outdoor activities, boating, fishing, playing golf year round, playing tennis, i think florida's second to none. also, -- gerri: the c
favorite golf first? find that next. ♪ gerri: golf legend phil mickelson says he has teed off over taxes. in fact, the star is not ruling out a mailing from his home state of california altogether. during a press conference following the human a challenge golf tournament he said this, there are going to be some drastic changes for me because i happen to be in that town that has been targeted both federally and by the state. it does not work for me right now. my tax rates, 62, 62%. so will the high taxes for some of the country or maybe even into retirement? sports lawyer joining me now. look into the show. great to have you. >> welcome to be here. gerri: great to have you with us. this has golf aficionado's, golf fans worried and nervous because i have to tell you, phil mickelson is probably the most popular golfer out there, despite tagger, despite rory, they all love this guy if he were to retire early, that would just be a real blow for golf fans. what do you think he means by drastic changes? >> i think what he is actually saying here, he will probably have to move because with the w
's, golf fans worried and nervous because i have to tell you, phil mickelson is probably the most popular golfer out there, despite tagger, despite rory, they all love this guy if he were to retire early, that would just be a real blow for golf fans. what do you think he means by drastic changes? >> i think what he is actually saying here, he will probably have to move because with the way that the laws are, especially in california and new york, a lot of the players and professional athletes are getting taxed at such a high rate that they almost he to move were also much of their income is going to go to the government. gerri: us take a look at those numbers. his state tax will go to a 13%. that is a state income tax which means he will pay an additional 2 million in taxs. that doesn't even include the federal increase in taxes that we talk so much about the end of last year which would go to a 39 and a half%. this is a fella who has a net worth of 150 million, making money every single year. he will have a very big tax tab. >> absolutely. >> absolutely commit to the point whe he is prob
jumps into a political debate, but phil mickelson now said he regrets his comments about taxes. and it's known as revenge porn. more people are taking action against their exes. we are on the case. ♪ ♪ ♪ ♪ ♪ [ female announcer ] nothing gets you going quite like the power of quaker oats. today is going to be epic. quaker up. with multiple lacerations to the wing and a fractured beak. surgery was successful, but he will be in a cast until it is fully healed, possibly several months. so, if the duck isn't able to work, how will he pay for his living expenses? aflac. like his rent and car payments? aflac. what about gas and groceries? aflac. cell phone? aflac, but i doubt he'll be using his phone for quite a while cause like i said, he has a fractured beak. [ male announcer ] send the aflac duck a get-well card at getwellduck.com. >>> now i want to take you to florida where a pair of cold cases are drawings attention and involve two men who disappeared a decade ago under strangely similar s. i want you to watch this from randi kay. >> marsia williams has not seen her son in more
. stuart: good morning everyone. golfer phil mickelson has had it with taxes. he's a california native, and he's not happy. he now has to pay a higher federal income tax rate, a higher medicare tax, and more tax on profits, dividend and interest, plus the new and much higher california income tax. he's losing, he says, 63 cents on the dollar. and he says there will be drastic changes, maybe leaving the state. but wait, phil, you ain't seen nothing yet. the obama team wants to tax the rich some more. the democrats must get a budget through the senate soon, and leading democrats want it to include yet higher taxes on wealthy people, oil and gas companies, and corporate profits. you thought we were done with raising taxes? wrong. tax more. don't cut spending. and ignore the debt. that's what's coming for another four years. stuart: monday january 21st, mar thin luther king -- martin luther king day. we're talking taxes, hollywood hypocrisy and we have the guest you hate to love all coming up. along with this company, e -- elizabeth macdonald by popular demand is back and so is charles and
-of-famer phil mickelson worth estimated 150 million bucks. made it known the huge tax hikes in his home state of california will force him to make some drastic changes. here is what he said quote. if you add up all the federal, disability, unemployment, disability and state, my rate is 62, 63%. so i have to make some decisions on what i'm going to do. now mickelson is changing his tune a bit saying it was inappropriate to publicize his personal financial issues but he hasn't said he is staying in california. so will phil make a move? will other athletes living in high-taxed states follow suit? here with the answer is sportscaster and fox news contributor jim gray. and jim, i know you were texting with him. why do you think he backed off this? >> well, i think that he decided that tax and financial matters are personal matters and they shouldn't be out in the public's domain and he shouldn't be discussing what it is that he decides to do for he and his family and what what is best for him. he has taken the approach whatever he decides to do he will make his decision and will let all of us know
and here's what is "money" tonight. phil mickelson trying to take a mulligan for his comments on taxes. he will make drastic changes because of california's huge tax hike. what exactly does it mean? is he moving? is he retiring? sportscaster jim gray is sharing hints from mickelson as he joins us. >>> 2012 showed the biggest spike in home prices since the summer of 2006 but there is still time if you want in. we've got the surprising inside scoop what is hot and what's not from coast to coast. >>> iraq stumbles upon a billion barrels of oil they didn't even know they had. we have details whether that could be a global game-changer. even when they say it's not it is always about money melissa: first let's take a look at the day's market moment. a wild ride on wall street today. stocks reversed courses in midday trading with all three major indices ending the session in the green the dow ended up 62 points. travelers insurance reported fourth quarter results. the company still managed to post a profit despite increased claims from hurricane sandy. that is where the good news ended though. tr
and boeing's problems are not getting better. neither is stock. phil phil mickelson making a big change for himself. others will follow. we're going to take a look at that coming up. (announcer) at scottrade, our clients trade and invest exactly how they want. with scottrade's online banking, i get one view of my bank and brokerage accounts with one login... to easily move my money when i need to. plus, when i call my local scottrade office, i can talk to someone who knows how i trade. because i don't trade like everybody. i trade like me. i'm with scottrade. (announcer) scottrade. awarded five-stars from smartmoney magazine. for ovnights can feel califolong and lonely.dren, i miss my sister. i miss my old school. i miss my room. i don't want special treatment. i just wanna feel normal. to help, sleep train is collecting pajamas for foster children, big and small. bring your gift to any sleep train, and help make a foster child's night a little cozier. not everyone can be a foster parent, but anyone can help a foster child. >>> all right. after the hour's earnings, ibm solid beat. stock
out with phil mickelson. >> maybe i will hang out with phil -- who? >> talking about puerto rico is a personal thingment. >> coming up, does travel broaden the mind? imogen lloyd webber on hunting large pandas in china. i can't believe they will let you do that. first is new york city's soda ban racist. i would say yes, but i haven't read the story. >>> are americans down beat? according to a new gallup poll, we are as bummed about the state of the nation as we have been in three decades. as few as four in 10 are rating it on a scale of 1-10. the lowest since 1979. like wide, the americans are the least upbeat of where the country will be this five years since jimmy carter's presidency in the early 1930s. discuss, lets', the, in. >> lightning roooooouuuunnnnddd. lightning round. >> how could we be less happy when they didn't even have cars? >> there were no cars. >> i think everybody -- the expectation they would be invented -- >> the whole thing is about promise and hope. >> it is about hope. everyone is hopeful as you can see from this study. the one thing i got out of this was
. >> he's had some interesting hats. >> hats, too. you never know. >>> coming up, why phil mickelson is warning that he might need to make drastic changes, even hinting at retirement. and it has nothing to do with his swing. plus, we're going to head to d.c. on the morning after the inauguration festivities. john harwood, probably hung of, but he's going to join us with the latest on washington getting back to work. think debt ceiling when we return. [ male announcer ] this is not my home. there. i said it. they don't have pictures of my kids. they don't have my yoga mat. and still, i feel at home. could it be the flat screen tv? the not so mini fridge? ♪ the different free dinner almost every weeknight? or maybe, it's all of the above. and all the rest. am i home? nope. but it almost feels that way. homewood suites by hilton. be at home. >>> welcome back, everybody. the s&p is indicated slightly down as the is dow jones. the nasdaq is staying higher. we did hear from dupont which came in with better than expected numbers and ta dow component is up by 1% at this point? >> if you sp
-old woman and what she can do. hi, i'm phil mickelson. i've been fortunate to win on golf's biggest stages. but when joint pain and stiffness from psoriatic arthritis hit, even the smallest things became difficult. i finally understood what serious joint pain is like. i talked to my rheumatologist and he prescribed enbrel. enbrel can help relieve pain, stiffness, and stop joint damage. because enbrel, etanercept, suppresses your immune system, it may lower your ability to fight infections. serious, sometimes fatal events including infections, tuberculosis, lymphoma, other cancers, and nervous system and blood disorders have occurred. before starting enbrel, your doctor should test you for tuberculosis and discuss whether you've been to a region where certain fungal infections are common. don't start enbrel if you have an infection like the flu. tell your doctor if you're prone to infections, have cuts or sores, have had hepatitis b, have been treated for heart failure, or if, while on enbrel, you experience persistent fever, bruising, bleeding, or paleness. [ phil ] get back to the things
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